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WTF?
40 minutes ago
Friday, 5 February 2010
News..............
U.S. May Lose 824,000 Jobs as Employment Data Revised: Analysis
THE SEDUCTIONS OF DECLINE by Mark Steyn
U.S. credit rating
Global Warming Hoax Weekly Round-Up, Feb. 4th
Becker Lied to McCain
Turkish girl, 16, buried alive for talking to boys
Spy chief: US may target American extremists abroad
'The Chinese Are Unready by Their Own Admission' for Global Leadership
New mistake found in UN climate report
'The Greek Drama is Far From Finished
Danish union warns EU
Hedge funds speculate on Greek debt
Sex changes are tax deductible, court rules
Obama aunt fights deportation
UK and US to launch offensive against Tailban in Afghanistan
Amorous Cambridge students told to keep the noise down
Romania approves US missile defence shield
Toyota Prius' green halo dented by safety fears
New Orleans judge postpones trial because of Superbowl mania
Camel burgers spice up Dubai culinary scene
Newt Gingrich in the O.C.!
and finally.....
Restaurant invites patrons to have sex in its bathrooms
Diplomat Whose Name Is Dirty Word in Arabic Rejected as Saudi Ambassador
Dear Miami: Get ready for the Who Dat Nation coming for the Super Bowl
I’m In With The In Crowd...
Flight to safety?..........from Rico
It's pretty hard even for our very talented magicians...er, politicians to hide the massive debt and out-of-control spending [read: borrowing] in plain sight.
- The only HOPE they have right now is that "the great unwashed" is too abysmally stoopid to understand what all those zeros and commas actually mean...or that our children's children's futures are being hocked today to buy them more votes and a little more time to get out of Dodge and retire before the entire Ponzi-house of cards collapses in future.
Who even 'noticed' the recent unemplyment "revision" of almost a million more jobs (lost) than they had 'thought' in this era of trillions?
Thus, the "flight to safety" in the US Dollar illustrates the ignorance of the day. Worry about Greece and Spain, but ignore California and Michigan. BUY BONDS and PAY TAXES, why it's your patriotic duty (hat tip to possibly one of the dumbest former members of Congress, Joe Biden who graciously left, thereby bestowing the "complete idiot dunce hat" to Pelosi-Reid-Fwank to vie for).
- But it ignores the fact that a 1913 Dollar is worth about a 2010 nickel (five cents for those who attended school since Jimmy Carter created the federal Dept of Education).
The S&P is overvalued by about 100% if you look seriously at what the earnings justify.
- But we ignore the fact that the S&P is heading towards a drop and it is probably time to SELL equities....especially dollar-denominated equities. And IF you followed the conventional wisdom and the advice of your money-manager, you lost your butts over the last decade by diversifying among the major asset classes (you do NOT want to think about how much more you "lost" from inflation).
Oh yeah, print me up some 'fresh' steaming greenbacks Benny. I can't wait to become gloriously "rich" with pretend monopoly money!
- I'd better start going-through my change jar for 'real' copper pennies and silver coins...
Where did California go?...........from Rico
In looking at this chart, not having 'found' where Kahlifohnia was, I can only conclude that as a 'thenthitive' Left-coast entity they did not want to cast a shadow upon anyone else.
Nice of them, but the numbers all seem to indicate that they are ahead of New York state in the liberal race-to-preindustrial living standards.
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